The Suez Canal Authority reported a 50% decline in daily operating traffic due to threats to navigation in the Red Sea. This disruption has led to a sharp drop in transit revenues, which fell by 60% from $10 billion in 2023 to $4 billion in 2024. Additionally, the authority indicated a 66% loss in dollar revenue from ship transits, attributing the decline to the ongoing conflict in Gaza and tensions in the Red Sea. Despite these challenges, the Suez Canal Authority continues to invest in maritime fleet development and infrastructure projects related to water and bridges. In July 2025, the Suez Canal and Bab el Mandeb Strait recorded 905 and 944 ship passings respectively, with Bab el Mandeb experiencing a dip in traffic following renewed attacks and warnings from Houthi forces. Meanwhile, in the energy sector, Spain's electricity demand rose by 1.5% in July 2025, driven by increased photovoltaic power. Self-consumption of electricity in Spain also grew by 48%, approaching 5% of total demand. Mexico has become the largest generator of electricity from fossil fuels in Latin America and the Caribbean, accounting for 44% of regional CO2 emissions from fossil fuel-based electricity generation in 2024. Globally, renewables dominated new power capacity additions in 2024, comprising 92.5% of new capacity, with China, India, and emerging markets leading this economic-driven energy transition. Exulum Terminals reported a 1% year-over-year increase in fuel shipments to Spain in July 2025.